Charles Schwab Bank Review

A bank focused on investment and online banking.

4.3/5

Customer Satisfaction

2003

Established

$304.00

Total Assets

Featured Products

Checking:
High Yield CheckingNo monthly fee
Savings:
High Yield Investor Savings420.00% APY
Credit:
Investor Card1.5% cash back
Mortgage:
5/1 ARM6.00% interest rate
FDIC insured up to $250,000 per depositor (Certificate: 57450)

Fee Rating

4.0/5

Lower is better

FDIC Insured

Yes

Certificate: 57450

Digital Banking

4.5/5

Online & Mobile Experience

Branch Network

400

Physical Locations

Key Features

  • High-yield accounts, investment integration.

Bank Information

Routing Number

071000013

Branch Hours

Mon-Fri: 9am-5pm, Sat: 9am-12pm, Sun: Closed

Customer Service

1-800-XXX-XXXX

24/7

Headquarters

Westlake, TX

Years in Business

22 years (Est. 2003)

Login Information

Online Banking Login

Access Online Banking

Mobile Banking

Schwab Mobile

Password Requirements

8–20 chars; no spaces & 1 special char

Two-Factor Authentication

Authenticator App, SMS

Forgot Password

Reset Password

Security Features

256‑bit SSL; session timeout

Login Instructions

Visit login URL → enter credentials → verify device

Login Help

Call customer service: 1-800-XXX-XXXX

Hours: 24/7

Accounts & Products

Checking

High Yield Checking

Monthly Fee

$0

Minimum Balance

$0

Card Type

$Debit

Minimum Deposit

$25

Overdraft Fee

$25

ATM Fee

$2

Mobile Banking
Mobile Deposit
Direct Deposit
View Details

Savings

High Yield Investor Savings

APY

$420.00%

Annual Earnings

$420.00

Compounds

$Monthly

Minimum Balance

$500

Monthly Fee

$0

Withdrawal Limit

$6/month

Online Banking
Mobile Banking
Automatic Transfers
View Details

Credit Card

Investor Card

Annual Fee

$0

Cash Back

$1.5%

APR Range

$13.99% - 23.99%

Network

$Visa

0% Intro APR for 12 months
Signup Bonus: $200 cash back
No Foreign Transaction Fee
View Details

Mortgage

5/1 ARM

Interest Rate

$6%

APR

$6.15%

Term

$30 Years

Min Down Payment

$10%

Min Loan Amount

$100,000

Max Loan Amount

$1,500,000

Jumbo Loans
View Details

Digital Banking Experience

Mobile App Rating

4.5/5

Excellent mobile experience

Online Banking

4.5/5

Excellent online experience

Customer Service

4.4/5

Very Good customer support

Digital Features

Online bill pay
Mobile check deposit
Person-to-person payments
Account alerts and notifications
Mobile wallet compatibility
Secure messaging

Ready to Start Banking with Charles Schwab Bank?

Visit their website to explore account options and start your application